PHI Group Inc (PHIL)

[passinthru]

Participation_Trophy_INC
09:43 AM
$PHIL
Waiting on the trigger that sets off a string of events I think.

It may be the TTG acquisition. It's possible that may be waiting on approval of a couple of the power plants/refineries in Vietnam/Laos. If and when that happens, it will likely be a string of confirmations that get disclosed.

The $3b equity deal would be confirmed if that's the source used to close the TTG acquisition. Confirmed again if those funds are used to start TTG power plants that have been approved.

Then we might see the Petrovietnam Marine Shipyard 51% majority shareholder deal close. They will take part in building components for the TTG plants among many other things.

At that point, if the Haj loan is not already done or Henry can't already sign the doc's at any time he wants because Haj wants to see more assets or revenue streams, that will then likely be available to him.

Haj opens the door for KOTA, 5 Grain and so on to close.

This is all speculation. Just stuff I think about.
Show More